Reversal of interest - interest income which was taxed in the ...

Case Laws Income Tax

September 20, 2012

Reversal of interest - interest income which was taxed in the past by offering in the books of accounts forming part of the total income declared, however the same was a doubtful of recovery, therefore the assessee-company had justification to reverse that entry by charging the same in the P&L account - AT

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Reversal of interest - interest income which was taxed in the ...

Case Laws Income Tax

September 20, 2012

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